$EURUSD

What Forex Target Traders See:  We are currently sitting @ 1.2956  on the 0.618 Fibo.   We are bullish but we are stuck in a wedge.  We should see a bull break and then a continuation to the R5 @ 1.3187. The target above the R5 resistance is resistance cluster @ 1.3240. The average daily true range (ATR) for the pair currently is 98 pips. 

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$USDJPY                                                                                                                   

What Forex Target Traders See:  We are currently @ 78.40 bouncing on the strong support there.    The dominate trend is now to the upside.  Should it break above the R3 @ 78.87  will look for an initial move to the R4 @ 79.36.  Above that  - target the resistance @ 79.85. The average daily true range (ATR) for the pair currently is 44 pips.

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$GBPUSD                        

What Forex Target Traders See:  Cable is currently @ 1.6077. We are in a large corrective Bear Flag which is bearish for the cross. Until we break out of this we are flat.  Targets down are:  5^th wave S4 @ 1.5989 then the 1.618 Fibo extension @ 1.5900. Target up  is the .500 fibo @ 1.6120. The average daily true range (ATR) for the pair currently is 87 pips.

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$AUDUSD – A great smooth currency for Newbie’s!